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An automobile manufacturer has three different subcompact cars in the line. Customers selecting one of these cars have a choice of three engine sizes, four body styles, and three color schemes. How many different selections can a customer make?
__________ different selections
Competitive World Market
A global economic environment where businesses compete across borders to offer the best products and services.
Trade Restrictions
Measures imposed by governments to control or limit the exchange of goods and services across their borders, including tariffs, quotas, and embargoes.
Comparative Advantage
The ability of an entity to produce goods or services at a lower opportunity cost than others, leading to more efficient trade.
Exports Cars
The activity of selling and shipping cars from one country to another, contributing to a country's trade balance.
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